Loan

Description

A loan scheduled to be repaid in less than a year is mainly aimed to support cash flows and liquidity in growing businesses, especially operation expenses: purchasing raw materials, equipment or wages, etc.

Benefits

• Cash Advance, Overdraft, Revolving,Line of Credit and other guarantees

• LAK, USD, THB (depending on currency of borrowers’ income)

• ​​The size of the loan allowed depends on your needs, the ability to grow your revenues, collateral value and considerations from the bank

• AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
• AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
• A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions

• Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
• Good payment history
• Stable income sources with their transactions via BCEL
• Individuals or corporations who are honest and residing in Lao PDR

Description

A loan where repayments are made over a period of between one and five years is aimed to support working capital revoliving and liquidity to business operations, such as purchasing raw materails, equipment or wages, etc

Benefits

• Cash Advance, Overdraft, Revolving,Line of Credit and other guarantees

• LAK, USD, THB (depending on currency of borrowers’ income)

• the size of the loan allowed depends on your needs, the ability to grow your revenues,collateral value and considerations from the bank
• Duration: 1 - 5 years

• AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
• AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
• A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions

• Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
• Good payment history
• Stable income sources with their transactions via BCEL
• Individuals or corporations who are honest and residing in Lao PDR

Description

A form of debt that is paid off over an extended time frame that exceeds 5 year in duration. Obtaining a long term loan provides a business with working capital that it can use to purcahse fixed assets, inventory or equipment which can then be used to create additional income for the business

Benefits

• Fixed Capital

• LAK, USD, THB (depending on currency of borrowers’ income)

• the size of the loan allowed depends on your needs, the ability to grow your revenues,collateral value and considerations from the bank
• Duration: Exceed 5 years

• AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
• AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
• A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions

• Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
• Good payment history
• Stable income sources with their transactions via BCEL
• Individuals or corporations who are honest and residing in Lao PDR

Description

An extension of credit from the bank, an overdraft allows the individual to continue withdrawing money that is more than amounts deposited to current accounts, but not exceed the amount approved by the bank. Overdraft is mainly aimed to support Working Capital

Benefits

• LAK, USD, THB (depending on currency of borrowers’ income)

• Maximum: 500 million LAK/ 50,000 USD/ 1.2 million THB or depending on considerations from the bank.
• Duration: not exceed 1 year

• AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
• AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
• A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions

• Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
• Good payment history
• Stable income sources with their transactions via BCEL
• Individuals or corporations who are honest and residing in Lao PDR

Description

A loan allowed borrowers to repay within 3 months is aimed to support Liquidity during the borrowers are waiting to receive money or for a settlement

Benefits

• LAK, USD, THB (depending on currency of borrowers’ income)

• Borrowing amounts depends on your needs or received amounts from your repayment, but not exceed 85%
• Duration:3 months

• AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
• AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
• A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions

• Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
• Good payment history
• Stable income sources with their transactions via BCEL
• Individuals or corporations who are honest and residing in Lao PDR